Should You Invest with Student Loans? | Phil Town

Are you investing or are you paying off your loans first? Did you know that I created tons of investing calculators for you to save time? Check them out here for free: http://bit.ly/2BzXBrI

What do you invest in to get 15% return? I was happy with the 6-7% of S&P 500 lol

I have about 80k in student debt but landed a great job right out of school. I am making large payments on my loans with the largest amount of interest but also investing. I had not heard if this was a good or bad strategy but I'm glad someone supports the idea of doing both, not just one or the other. It's all about looking at where you are, what you have, what you need, and what you want.

My interest for my student loan is 0. Lol. I am on a repayment assistance plan funded by my gov. So all my money is in the market lol

Rich dad poor dad: Anything that takes money from your pocket is a liability. E.G. 401k's, student loans, cars, personal mortgages, mutual funds, hedge funds, taxes etc. I know this sounds highly unconventional but study Robert Kiyosaki especially his newest book and it will all make sense..

Thank god in here in New Zealand student loans are interest free

Force colleges to be nonprofit organizations. Without shareholders, there's no drive to continue improving their profit margins.

what investment strategies do u suggest for people in their early 20’s

Hit it right on the nail! I always wondered what the point of getting rich was since I've always had the desire to work and help those in my community forever, but now I see that it basically allows you to "semi-retire." Instead of having to work 5 days a week from 9-5, you can now afford to work only 3 days a week or 2 days a week or hell even 1 day a week if you wanted. That's why it matters. Thanks for this!

My wife and I have about 200k in student loans, right now we are focused on paying that off in 3 yrs, just putting about $100 per month into Roth IRA

Phil. I was just at the class this weekend. What an amazing course!

I already knew all this stuff (22 and fresh out of uni working at a credit union, 40k debt + car loan and still investing as heavily as I can at same time) but the way you speak, so many times throughout the video I was like "damn"… You're one of my favourite channels on YouTube Phil, keep up the great content.

Thank you for this video, such an important topic especially for people in my age with student loan. It is stressful to balance paying student loan, paying rent, daily expenses and all while trying to save for retirement and wanting to travel

Answer from me : Invest if you think you can evaluate not only profit but risk (and don't forget that paying off debt is no risk investment from your "in debt perspective")

Welcome to Holland, where interest rate is 0% for students!

"Should you invest with student loans?" Yes drop out of college and invest those loans. 😉

Big government messing up economy. Vote!

I am doing a bit of both! I have my 401k chugging away while paying off student loans. I plan on re-allocating funds from student loans into the market once they are paid off

My student loan debt is under 10k, I invest 6% of my pay into a 401k at work and put $100 a month into a Roth Ira. And I'm only 25 am I on the right track?

Remember this… If you have a student loan at 6.5%, paying it off is like INVESTING in a mutual fund that is going to GUARANTEE you a 6.5% annual return. You'd be NUTS not to invest in that! Getting out of debt (ALL DEBT) isn't just a step in the right direction. It's an absolute necessity to build wealth. Fire your loan servicer by paying those things off. You'll breathe better!

My focus is on investing. My SL interest is 5%, and to me, it’s not worth losing out on the compound interest I could be accruing in investing to pay off the SL. I’ll continue making my regular monthly payments…